IBT Staff Reporter

76261-76290 (out of 154954)

India police to charge ex-minister in telecoms graft

Indian police will file charges against a former telecoms minister and other government and corporate officials this week, a government lawyer said on Tuesday, in a multi-billion dollar telecoms corruption case that has shaken government and business.

Asia spices up McCormick profit

McCormick & Co posted a bigger quarterly profit as the top U.S. spicemaker was able to offset high input costs by raising prices, and saw strong demand in Asia and in its domestic market.

Amazon beats rivals to music locker service

Amazon.com Inc has beaten rivals Apple Inc and Google Inc by introducing an online music locker service that lets customers play songs they already own on many smartphones and computers.

Consumer confidence slips from 3-year highs

Consumer confidence fell in March a month after hitting a three-year high as expectations about jobs and income growth worsened, according to a private sector report released on Tuesday.

Asia, price rises spice up McCormick profit

McCormick & Co beat profit estimates for the fifth straight quarter, as the top U.S. spicemaker raised prices to offset high raw material and packaging costs, and saw strong demand in Asia and in its domestic market.

Mad Men won’t be back for fifth season until early 2012

While negotiations between AMC and Lionsgate Television and Mad Men creator and executive producer Matt Weiner are still not settled, USA Today is reporting that the hit show's fifth season will not be ready for its summer debut and will be postponed for early 2012.

EU aims to phase out conventionally-fuelled cars in cities by 2050

The European Commission has adopted a roadmap of 40 concrete initiatives for the next decade to build a competitive transport sector that increases mobility and cuts emissions. Under EU's ambitious plan, the Commission wants cities cities across Europe to be free of conventionally fuelled cars by 2050.

BP shares hit by manslaughter report, downgrade

Shares in oil major BP fell on Tuesday on a report the company's managers could face manslaughter charges following the Gulf of Mexico oil spill, which could lead to much higher fines over the disaster.

Obama Backs Libyan Political Pressure to Oust Gaddafi

The International Community is meeting to support Libya's people to find a political transition away from current leader Muammar Gaddafi, a move President Barack Obama backed in a speech Monday as he outlined a support role the U.S. will play while an international coalition carries out military attacks on Libyan defenses to enforce a no-fly zone.

Amazon to offer service for remote access to music

Amazon.com Inc is introducing an online service to allow customers to store their music files remotely and access them through their smartphones and computers in a move aimed at drawing music buyers from rivals such as Apple Inc's iTunes.

Oil down on Libya, Japan uncertainty

Oil prices slipped on Tuesday for a third consecutive day as rebels and government troops battled for supremacy in Libya and more bad news from Japan's stricken nuclear plant sapped investor confidence.

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